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Wartburg College vs Morningside University: which has better ROI?

Private nonprofit, Waverly IA · vs · Private nonprofit, Sioux City IA

The verdict

Wartburg College has the better ROI: it clears its 4-year net cost of $131,632 in 16.8 years versus 17.6 years at Morningside University, on median earnings of $56,201 vs $55,494 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureWartburg CollegeMorningside University
Net price / yr$32,908$31,320
Total net cost$131,632$125,280
Median earnings, 10 yrs$56,201$55,494
Median debt$27,000$26,028
Payback16.8 yrs17.6 yrs
20-year net return$25,188$17,400

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Wartburg College or Morningside University?

Morningside University, at $31,320 a year after aid versus $32,908 — a gap of $1,588 a year, or $6,352 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Wartburg College or Morningside University graduates earn more?

Wartburg College graduates report a median $56,201 ten years after entry, $707 more than the $55,494 at Morningside University. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Wartburg College or Morningside University?

Morningside University: its completers carry a median $26,028 in federal loans versus $27,000 at Wartburg College, a difference of $972. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

64% of students finish at Wartburg College, against 50% at Morningside University. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Wartburg College vs Morningside University: frequently asked questions

Is Wartburg College or Morningside University a better value?
Wartburg College. It clears its $131,632 net cost in about 16.8 years versus 17.6 years at Morningside University, on median earnings of $56,201 vs $55,494 ten years out.
Which is cheaper, Wartburg College or Morningside University?
Morningside University: $31,320/yr net price after aid versus $32,908/yr at Wartburg College — a difference of $1,588 a year, or about $6,352 over four years.
Do Wartburg College or Morningside University graduates earn more?
Wartburg College graduates earn a median $56,201 ten years after entry, versus $55,494 at Morningside University — a $707 gap. This blends every major, so a specific field can flip it.